Friday, October 19, 2007

Sic et non

At any moment there are 40,000 stories out there claiming to be the gospel truth. Many of them are good as gold, presented by people with the best intentions; many are lies and distortions sponsored by people with the worst. Most are muddle and nonsense. It takes years of experience or constant immersion in the news cycles, or both, just to begin to sort them out.

"If you can't explain a stock or an investment principle in under a sentence to me, chances are you're not serving the audience. So clarity counts. Getting to the point counts. None of the on-the-one-hand, and on-the-other-hand stuff."